, though, like ronald reagan, in his re-election effort, the unemployment rate had gone -- gone down by 1.4%. >> gregg: from 10.8% down to 7% and after his re-election down to 5. >> the last year prior went down 1.4 point and now, it has gone down 1.2 points and momentum is important and where you are, is not where we want to be but people can sense the momentum and see where it is going. >> gregg: john, you brought up the reagan comparison and he had interest rates almost 20% and runaway inflation and none of that afflicted this particular president. in fact, you know, the unemployment rate for ronald reagan was higher and the unemployment rate for the president. >> well, it went to 10.8, i believe... and i mean, if you are saying that ronald reagan inherited a worse economy. >> gregg: he did. >> i don't know how you can make the argument. >> gregg: are you kidding. >> we lost 800,000 jobs. >> gregg: unemployment was higher, inflation was higher and interest rates were higher. >> in twa2009, january we lost 741,000 jobs and if that trend continued, we almost had a second great depression